Lenders 'equally responsible' for mortgage mis-selling - AMI

The investigation for File on 4 found evidence of advisers telling self-cert mortgage customers to lie about their incomes to ensure they completed a loan deal. However, AMI says incidents of advisers falsifying income information are rare and says lenders also need to play a part in ensuring customers are suitable for a particular product. As reported by IFAonline, the FSA yesterday said it was winning its battle to stamp out the mis-selling after the details of the BBC investigation emerged. Director general of AMI, Chris Cummings, claims the market for self-cert mortgages in the sub-p...